I hope to update this soon as we are staying with Chanlakan again the next few nights.
We had a great time here, there was a minor issue with the room which was worked out and has been fixed for our second stay. The metro is just a short walk away and it is much quieter than I expected from some of the previous reviews. I never heard the street at all. The bed is slightly stiffer than I prefer but was comfortable. About one block down is good street food and a store to buy some water or basic necessities. Down the hall is a washer to clean clothes during an extended stay, but we didn't use it. The shower was the best we had in Thailand, but keep in mind we tried to stick to $30/night or less. Lastly, Chanlakan was very easy to contact and responded quickly to all of my questions and concerns, I highly recommend this location for the budget traveler who still wants comfort and a private room.